GC Gold Futures Weekly Chart Analysis: 2026-Apr-23 07:04 CT
Price Action
- Last: 4723.3,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -25%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: 3%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 20%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt high 4917.7,
- 4. Pvt. Next: Pvt low 4101.1,
- 5. Levels R: 5657.4, 5464.7, 4917.7,
- 6. Levels S: 4101.1, 4004.8, 3459.6, 3189.5, 2182.5.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 4663.4 Down Trend,
- (Intermediate-Term) 10 Week: 4622.5 Down Trend,
- (Long-Term) 20 Week: 4773.3 Down Trend,
- (Long-Term) 55 Week: 4195.7 Up Trend,
- (Long-Term) 100 Week: 3566.0 Up Trend,
- (Long-Term) 200 Week: 2971.3 Up Trend.
Recent Trade Signals
- 22 Apr 2026: Short GC 06-26 @ 4772.4 Signals.USAR-WSFG
- 21 Apr 2026: Short GC 06-26 @ 4802.8 Signals.USAR.TR120
- 20 Apr 2026: Long GC 06-26 @ 4835 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Gold futures have experienced a sharp pullback from recent highs, with price action showing large, fast-moving bars and momentum to the downside. The short-term trend has shifted bearish, confirmed by both the WSFG and swing pivot trends, as well as recent short trade signals. Intermediate-term structure is also turning bearish, with both the 5 and 10 week moving averages trending down and the HiLo swing trend confirming a downward move. However, the long-term outlook remains bullish, as price is still well above the yearly session fib grid center and all major long-term moving averages (55, 100, 200 week) are in strong uptrends. Key resistance levels are clustered near recent highs, while support is found at prior swing lows and major moving averages. The market is currently in a corrective phase within a larger uptrend, with volatility elevated and potential for further retracement or consolidation before the long-term trend resumes.
Chart Analysis ATS AI Generated: 2026-04-23 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.